How Android malware lets thieves access your ATM cash

• New Android malware known as NGate has emerged, enabling criminals to steal NFC payment codes in real-time, which allows them to withdraw cash from ATMs without needing the victim's card. This poses a significant threat to users relying on NFC technology for transactions.
• The rise of NGate malware highlights vulnerabilities in mobile payment systems, raising concerns about the security of financial transactions conducted via Android devices. Users are urged to adopt protective measures to safeguard their financial information against such threats.

— via World Pulse Now AI Editorial System